Allows a municipality to annex unincorporated property that becomes completely surrounded by the municipality after June 30, 2025. Requires the municipality to: (1) adopt an annexation fiscal plan; (2) provide notice to landowners in the territory; and (3) hold a public hearing. Provides that the following apply in a pocket annexation: (1) The annexation territory may be divided by railroad tracks. (2) The annexation territory satisfies the contiguity requirements, if the territory on at least one side of the railroad tracks is contiguous to the municipality.

Statutes affected:
Introduced House Bill (H): 36-4-3-1.7, 36-4-3-2.2, 36-4-3-3.1, 36-4-3-7, 36-4-3-13
House Bill (H): 36-4-3-1.7, 36-4-3-2.2, 36-4-3-3.1, 36-4-3-7, 36-4-3-13